TradingView
Olu
Mar 30, 2018 8:46 AM

UsdCad: An Alternate EW Count Short

U.S. Dollar/Canadian DollarFXCM

Description

Comments on the chart. Some other things to consider. The blue B might now be complete yet so that is a possible risk to the idea

Comment

Price rose today. One of the possibilities of this idea is that the right shoulder is incomplete. The ;left shoulder; high is 1.3001 so we can look to that area for the completion of the 'right shoulder' if this idea is correct

Comment

1.2800 reached as expected. The H&S is now fully in play

Comment

Nice downmove today. We got to 1.2700 today

Comment

Price fell hard again today. Its mission accomplished for this idea. End of tracking
More